It is known that a linear endomorphism $T:V\to V$ on an $n$ dimensional $\mathbb{C}$-vector space can be decomposed according to the invariant subspaces of $V$ under $T$. This result can be proved as follows.
Consider $V$ as a $\mathbb{C}[x]$-module where $x$ acts on $v\in V$ by $Tv$ and use the convention $x^0=1$. Since $V$ is finite dimensional, there exists a non-trivial linear combination $P(T)$ of $\{1,T,...,T^n\}$ such that $P(T)$ annihilates $V$. Thus $V$ as a $\mathbb{C}[x]$-module is a finitely generated torsion module. Then we can apply the structure theorem of finitely generated modules over PIDs.
Does the above result have any implication to the space End$(V)$?
To me, I have thought about the following: the space End$(V)$ $\cong V^*\otimes V$ is a $n^2$ dimensional vector space. To study a member of it, the above result says instead of studying a linear combination of $n^2$ basis vectors, I can reduce to it some smaller combination if I make End$(V)$ into an algebra, though this reduction may only make sense when I want to study its invariant subspaces. Now this reduction seems as if a "quotient space", where I consider a map up to change of basis. But I can't make this idea clear to me.
I also wonder if there is a general framework to understand this kind of reduction (if it makes sense), as well as other such examples? Is there a notion of dimension in this algebra End$(V)$? Thanks in advance!